Reliance Power Limited announced that it has entered into agreement for a private placement of up to INR 12,000,000,000 on September 4, 2022. The transaction will include participation from Värde Partners, Inc. The company will issue non-convertible debt in the transaction. The drawdown of the debt will be subject to finalization and execution of binding documents and all requisite approvals including regulatory approvals as per applicable rules/ laws/ regulations.